Cranberry Townhship - Now is the time to sell!

Cranberry Township .... if you have been thinking of moving,                            now is a great time to sell!

I was working on housing market statistics and found the following information interesting so I thought I would share it!

In Cranberry Township between the periods of Dec 2009 through the end of May 2010 - for homes under $200,000:

• The average days on the market ranged from 53 to 101
• The average sold to list price ranged from 92% to 97% (92% was in January)
• The average active "for sale" price is up 2% over the last 6 months
• The average "sold price" was up 25% over the last 6 months

The months of inventory has drastically gone down over the last 6 months which tells us that:

• There is low inventory in this price range
• The "months of inventory" has been:
•                  December - 7.9 months of inventory
•                  January - 7.2 months of inventory
•                  February - 5.7 months of inventory
•                  March - 4.8 months of inventory
•                  April - 2.8 months of inventory
•                  May 2.9 months of inventory

This all shows us that if you have been considering selling a home in this range, now may just be that time to pick up the phone and call someone!

 * Reports published June 2010, based on data available at the end of May 2010. All reports presented are based on data supplied by the WPML. (via TrendGraphics).